award vs pension off

award is a noun but pension off is not a noun.

Word	Noun	Adjective	Verb	Adverb
award	Yes	No	Yes	No
pension off	No	No	Yes	No

As verbs, pension off is a hyponym of award; that is, pension off is a word with a more specific, narrower meaning than award:

Other hyponyms of award include pension.

award (noun)	pension off (noun)
a grant made by a law court
a tangible symbol signifying approval or distinction
something given for victory or superiority in a contest or competition or for winning a lottery

award (verb)	pension off (verb)
give, especially as an honor or reward	grant a pension to
give as judged due or on the basis of merit	let go from employment with an attractive pension